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Benchmark crude oil prices ( USO -1.9% ) settled at their lowest levels in nearly two months amid weak economic data that weighed on prospects for energy demand and a larger than expected increase in U.S. crude inventories. More news on: The United States Oil ETF, LP, The United Stat...
The energy sector posted a loss during the third quarter of 2019. In 2014, the energy composite fell by 36.59% due to the swoon in crude oil, petroleum product, and natural gas prices. A composite of energy commodities fell by 25.14% in 2015, making it the worst-performing sector of the year. ...
Sunoco LP ( SUN ) and its subsidiaries are in the business of distributing and retailing motor fuels in the United States. The company purchases motor fuel from independent refineries and major oil companies and supplies it to independently operated dealer stations, distributors and consumers,...
Saudi Arabia's oilfields and processing are attacked. 5-6% of the world oil supply is brought offline. Oil prices are up 10%+. Oil and gas stock indexes are up 10%+. And recommendations are flying: "sell the news" "fade the rally" "short xyz oil stock". Usually it is a good idea to "sell the n...
All 28 names in the Energy Select SPDR (NYSEARCA: XLE ) are in the green in premarket action thanks to oil's 8% surge . More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporation, Energy stocks news, Stocks on the move, Top Breaking stock news, News o...
The crude oil market has been following the ongoing saga on trade between the US and China. The trade war that escalated in early August weighed on the price of the energy commodity. The threat of a global recession sent the price of nearby NYMEX futures down to a low at around $50.50 per barr...
Crude oil prices ( USO -2.3% ) are firmly in the red after an OPEC technical meeting brings no decision on further production cuts despite a mounting global supply glut and weakening demand growth for crude, instead focusing on bringing Nigerian and Iraqi output down to agreed quotas. ...
The U.S. House passes legislation that would permanently ban new oil and gas drilling off the Atlantic and Pacific coasts and extend a moratorium on drilling off Florida's Gulf of Mexico coast. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Prod...
Editor's note: Seeking Alpha is proud to welcome Rob Pinkerton as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more » There is a world ...
Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...
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2024-06-28 18:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-08 20:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-28 04:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...